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2022
Exports $56.4kWorld Rnk 83 / 130
Flag Rnk 403 / 935
2022
Destination $40.5k Bahrain
2021 - 2022
FASTEST GROWING MARKET $40.5kBahrain
2022
PRODUCT COMPLEXITY IN Tobacco Processing Machines-0.19Rnk 613 / 1025
2022
Imports $79.3kWorld Rnk 125 / 175
Flag Rnk 907 / 1186
2022
Origin $22k Denmark
2021 - 2022
FASTEST GROWING ORIGIN $22kDenmark

About

Exports In 2022, Iceland exported $56.4k in Tobacco Processing Machines, making it the 83rd largest exporter of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 403rd most exported product in Iceland. The main destination of Tobacco Processing Machines exports from Iceland are: Bahrain ($40.5k), Germany ($13.6k), and United Kingdom ($2.35k).

The fastest growing export markets for Tobacco Processing Machines of Iceland between 2021 and 2022 were Bahrain ($40.5k), Germany ($13.6k), and United Kingdom ($2.35k).

Imports In 2022, Iceland imported $79.3k in Tobacco Processing Machines, becoming the 125th largest importer of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 907th most imported product in Iceland. Iceland imports Tobacco Processing Machines primarily from: Denmark ($28.9k), Norway ($9.42k), Canada ($6.27k), Netherlands ($5.68k), and Australia ($4.72k).

The fastest growing import markets in Tobacco Processing Machines for Iceland between 2021 and 2022 were Denmark ($22k), Canada ($4.43k), and Australia ($4.34k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Tobacco Processing Machines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$56.4k
IMPORTS (2022)$79.3k
NET TRADE (2022)-$22.9k

In 2022, Iceland exported $56.4k in Tobacco Processing Machines. The main destinations of Iceland exports on Tobacco Processing Machines were Bahrain ($40.5k), Germany ($13.6k), and United Kingdom ($2.35k).

In 2022, Iceland imported $79.3k in Tobacco Processing Machines, mainly from Denmark ($28.9k), Norway ($9.42k), Canada ($6.27k), Netherlands ($5.68k), and Australia ($4.72k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tobacco Processing Machines EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Bahrain$40.5k (1%)
Germany$13.6k (1%)
United Kingdom$2.35k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tobacco Processing Machines BY Iceland WERE (2021 - 2022):Denmark-$2.46k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Tobacco Processing Machines were:
Germany $358M
Italy $199M
Netherlands $77.9M
In 2022, Iceland's main importing competitors in Tobacco Processing Machines were:
Indonesia $97.3M
China $90.5M
United States $83.3M

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Trade Value of Tobacco Processing Machines by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Tobacco Processing Machines’s highest export potential is N/A. With an export gap of N/A.   Tobacco Processing Machines’s highest import potential is N/A with an import gap of N/A.

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